Transferring Profits from a Foreign Subsidiary to the Parent Corporation

question 84

Multiple Choice

Transferring profits from a foreign subsidiary to the parent corporation through dividends,royalties,or management fees is called

• A) technology transfer.
• B) activity-based costing.
• C) transfer pricing.
• D) repatriation of profits.
• E) transnational funding.

Differentiate between the accounting and reporting issues for receivables under IFRS and GAAP.

Understand how to journalize transactions related to notes receivable and calculate interest revenue.

Learn how to account for bad debt expense and understand the effect of write-offs on the cash realizable value of accounts receivable.

Grasp the procedures for recording transactions involving sales on account, returns, and related interest accruals.

---

Definitions:

Oxygen

A chemical element with symbol O, essential for respiration in many organisms and important in various industrial processes.

Isotopes

Forms of the same chemical element that have different numbers of neutrons, leading to variations in their total number of nucleons.

Neutrons

Subatomic particles found in the nucleus of an atom, carrying no electric charge and having a mass slightly larger than that of a proton.

Allotropes

Different forms of the same element in the same physical state with different structures and properties.